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The total population of Oconomowoc town is estimated to be 8,818 with 4,264 males (48.36%) and 4,554 females (51.64%). There are 290 more females than males in Oconomowoc town.
The median household income in Oconomowoc town was $122,125 in 2021, which marked an a decrease of 1,948(1.57%) from $124,073 in 2020. This income is 163.69% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Oconomowoc town sees its highest median household income among householders in the age group of 45 to 64 years old, at $144,676. Overall, the median household income for the town of Oconomowoc town stands at $122,125.
In Oconomowoc town, the median income for all workers aged 15 years and older, regardless of work hours, was $68,575 for males and $42,051 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $95,053 for males and $73,848 for females.
In Oconomowoc town, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $122,278, while White households have a median household income of $121,603.
In 2022, the population of Oconomowoc town was 8,871, a 0.05% decrease year-by-year from 2021. Previously, in 2021, Oconomowoc town's population was 8,875, an increase of 0.40% compared to a population of 8,840 in 2020.
The median age in Oconomowoc Town, Wisconsin is 48.1, as per 2021 ACS 5-Year Estimates. Of the total population, 15.54% were under the age of 15, 14.15% aged 15 to 29, 44.16% aged 30 to 64, 24.68% aged 65 to 84, and 1.47% were 85 years of age and older.
Racial distribution of Oconomowoc town population: 93.30% are White, 1.36% are Black or African American, 0.21% are American Indian and Alaska Native, 0.64% are Asian, 2.04% are some other race and 2.45% are multiracial.